Technology
IBM RELEASES FIRST-QUARTER RESULTS
Published
2 months agoon
By
Double-digit Software and Infrastructure revenue growth; Strong margin expansion and double-digit profit and free cash flow growth
ARMONK, N.Y., April 22, 2026 /PRNewswire/ — IBM (NYSE: IBM) today announced first-quarter 2026 earnings results.
“The first quarter was a strong start to the year with broad-based revenue growth across our segments. These results reflect the integrated value of our portfolio and the trust clients put in us to improve their operations. As clients scale use cases, AI continues to be a tailwind for our global business. IBM products and services are helping clients orchestrate, deploy and govern AI across hybrid environments,” said Arvind Krishna, IBM chairman, president and chief executive officer. “Given this strong start, we continue to expect more than 5 percent constant currency revenue growth and an increase of about $1 billion in year-over-year free cash flow in 2026.”
First-Quarter Highlights
Revenue
– Revenue of $15.9 billion, up 9 percent, up 6 percent at constant currency
– Software revenue up 11 percent, up 8 percent at constant currency
– Consulting revenue up 4 percent, up 1 percent at constant currency
– Infrastructure revenue up 15 percent, up 12 percent at constant currency
Profit
– Gross Profit Margin: GAAP: 56.2 percent, up 100 basis points; Operating (Non-GAAP):
57.7 percent, up 110 basis points
– Pre-Tax Income Margin: GAAP: 8.7 percent, up 80 basis points; Operating (Non-GAAP):
13.4 percent, up 140 basis points
Cash Flow
– Year to date, net cash from operating activities of $5.2 billion; free cash flow of $2.2 billion
FIRST-QUARTER 2026 INCOME STATEMENT SUMMARY
Revenue
Gross
Profit
Gross
Profit
Margin
Pre-tax
Income
Pre-tax
Income
Margin
Net
Income
Diluted
Earnings
Per Share
GAAP from
Continuing
Operations
$ 15.9 B
$ 8.9 B
56.2
%
$ 1.4 B
8.7
%
$ 1.2 B
$ 1.28
Year/Year
9
% (1)
11
%
1.0
Pts
20
%
0.8
Pts
15
%
14
%
Operating
(Non-GAAP)
$ 9.2 B
57.7
%
$ 2.1 B
13.4
%
$ 1.8 B
$ 1.91
Year/Year
12
%
1.1
Pts
23
%
1.4
Pts
20
%
19
%
(1) 6% at constant currency.
“Our solid revenue growth, portfolio mix and productivity initiatives drove double-digit profit and free cash flow growth in the quarter,” said James Kavanaugh, IBM senior vice president and chief financial officer. “The durability of our portfolio combined with our disciplined execution continues to give us the financial flexibility needed to both invest in our business and return value to shareholders through our dividend.”
Segment Results for First Quarter
Software — revenues of $7.1 billion, up 11 percent, up 8 percent at constant currency:
– Hybrid Cloud (Red Hat) up 13 percent, up 10 percent at constant currency
– Automation up 10 percent, up 7 percent at constant currency
– Data up 19 percent, up 16 percent at constant currency
– Transaction Processing up 6 percent, up 2 percent at constant currency
Consulting — revenues of $5.3 billion, up 4 percent, up 1 percent at constant currency:
– Strategy and Technology up 4 percent, up 1 percent at constant currency
– Intelligent Operations up 4 percent, up 1 percent at constant currency
Infrastructure — revenues of $3.3 billion, up 15 percent, up 12 percent at constant currency:
– Hybrid Infrastructure up 28 percent, up 25 percent at constant currency
— IBM Z up 51 percent, up 48 percent at constant currency
— Distributed Infrastructure up 17 percent, up 13 percent at constant currency
– Infrastructure Support down 2 percent, down 6 percent at constant currency
Financing — revenues of $0.2 billion, up 15 percent, up 10 percent at constant currency
Cash Flow and Balance Sheet
In the first quarter, the company generated net cash from operating activities of $5.2 billion, up $0.8 billion year to year. IBM’s free cash flow was $2.2 billion, up $0.3 billion year to year. The company returned $1.6 billion to shareholders in dividends in the first quarter and invested in the acquisition of Confluent.
IBM ended the first quarter with $11.8 billion of cash, restricted cash and marketable securities, down $2.6 billion from year-end 2025. Debt, including IBM Financing debt of $12.8 billion, totaled $66.4 billion, up $5.1 billion year to date.
Full-Year 2026 Expectations
Revenue: The company continues to expect full-year constant currency revenue growth of more than 5 percent. At current foreign exchange rates, currency is expected to be about a half-point to one-point tailwind to growth for the year
Free cash flow: The company continues to expect full-year free cash flow to increase by about $1 billion year-over-year
Dividend Declaration
The IBM board of directors declared an increase in the regular quarterly cash dividend to $1.69 per common share, payable June 10, 2026 to stockholders of record as of May 8, 2026.
This is the 31st year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including, but not limited to, the following: a downturn in economic environment and client spending budgets; a failure of the company’s innovation initiatives; damage to the company’s reputation; risks from investing in growth opportunities; failure of the company’s intellectual property portfolio to prevent competitive offerings and the failure of the company to obtain necessary licenses; the company’s ability to successfully manage acquisitions, alliances and divestitures, including integration challenges, failure to achieve objectives, the assumption or retention of liabilities and higher debt levels; fluctuations in financial results; impact of local legal, economic, political, health and other conditions; the company’s failure to meet growth and productivity objectives; ineffective internal controls; the company’s use of accounting estimates; impairment of the company’s goodwill or amortizable intangible assets; the company’s ability to attract and retain key employees and its reliance on critical skills; impacts of relationships with critical suppliers; product and service quality issues; the development and use of AI, including the company’s increased AI solutions and use of AI technologies; impacts of business with government clients; reliance on third party distribution channels and ecosystems; cybersecurity and data protection considerations; adverse effects related to climate change and other environmental matters; tax matters; legal proceedings and investigatory risks; the company’s pension plans; currency fluctuations and customer financing risks; impact of changes in market liquidity conditions and customer credit risk on receivables; risk factors related to IBM securities; and other risks, uncertainties and factors discussed in the company’s Form 10-Qs, Form 10-K and in the company’s other filings with the U.S. Securities and Exchange Commission or in materials incorporated therein by reference.
Any forward-looking statement in this release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.
Presentation of Information in this Press Release
In an effort to provide investors with additional information regarding the company’s results as determined by generally accepted accounting principles (GAAP), the company has also disclosed in this press release the following non-GAAP information, which management believes provides useful information to investors:
adjusting for currency (i.e., at constant currency);
presenting operating (non-GAAP) earnings per share amounts and related income statement items;
free cash flow;
net cash from operating activities excluding IBM Financing receivables;
adjusted EBITDA;
adjusted EBITDA margin.
The rationale for management’s use of these non-GAAP measures is included in Exhibit 99.2 in the Form 8-K that includes this press release and is being submitted today to the SEC.
Conference Call and Webcast
IBM’s regular quarterly earnings conference call is scheduled to begin at 5:00 p.m. ET, today. The Webcast may be accessed via a link at https://www.ibm.com/investor/events/earnings-1q26. Presentation charts will be available shortly before the Webcast.
Financial Results Below (certain amounts may not add due to use of rounded numbers; percentages presented are calculated from the underlying whole-dollar amounts).
Contact: IBM
Tim Davidson, 914-844-7847
tfdavids@us.ibm.com
Erin McElwee, 347-920-6825
erin.mcelwee@ibm.com
INTERNATIONAL BUSINESS MACHINES CORPORATION
COMPARATIVE FINANCIAL RESULTS
(Unaudited; $ in millions except per share amounts)
Three Months Ended
March 31,
2026
2025
REVENUE BY SEGMENT
Software
$ 7,052
$ 6,336
Consulting
5,272
5,068
Infrastructure
3,326
2,886
Financing
220
191
Other
48
61
TOTAL REVENUE
15,917
14,541
GROSS PROFIT
8,950
8,031
GROSS PROFIT MARGIN
Software
82.8
%
83.6
%
Consulting
27.5
%
27.3
%
Infrastructure
56.9
%
52.8
%
Financing
43.4
%
45.8
%
TOTAL GROSS PROFIT MARGIN
56.2
%
55.2
%
EXPENSE AND OTHER INCOME
SG&A
5,089
4,886
R&D
2,173
1,950
Intellectual property and custom development income
(172)
(253)
Other (income) and expense
(1)
(165)
Interest expense
473
455
TOTAL EXPENSE AND OTHER INCOME
7,562
6,873
INCOME FROM CONTINUING OPERATIONS
BEFORE INCOME TAXES
1,387
1,158
Pre-tax margin
8.7
%
8.0
%
Provision for/(benefit from) income taxes
172
103
Effective tax rate
12.4
%
8.9
%
INCOME FROM CONTINUING OPERATIONS
$ 1,216
$ 1,054
DISCONTINUED OPERATIONS
Income from discontinued operations, net of taxes
0
1
NET INCOME
$ 1,216
$ 1,055
EARNINGS PER SHARE OF COMMON STOCK
Assuming dilution
Continuing operations
$ 1.28
$ 1.12
Discontinued operations
$ 0.00
$ 0.00
TOTAL
$ 1.28
$ 1.12
Basic
Continuing operations
$ 1.30
$ 1.14
Discontinued operations
$ 0.00
$ 0.00
TOTAL
$ 1.30
$ 1.14
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (M’s)
Assuming dilution
952.1
945.4
Basic
938.5
928.0
INTERNATIONAL BUSINESS MACHINES CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET
(Unaudited)
($ in millions)
At March 31,
2026
At December 31,
2025
ASSETS:
Current assets:
Cash and cash equivalents
$ 10,819
$ 13,587
Restricted cash
45
54
Marketable securities
964
830
Notes and accounts receivable – trade, net
6,493
8,112
Short-term financing receivables
Held for investment, net
5,767
7,344
Held for sale
743
1,131
Other accounts receivable, net
1,242
1,052
Inventories
1,476
1,220
Deferred costs
1,157
1,084
Prepaid expenses and other current assets
3,209
2,530
Total current assets
31,914
36,944
Property, plant and equipment, net
5,781
5,899
Operating right-of-use assets, net
3,219
3,129
Long-term financing receivables, net
7,014
7,708
Prepaid pension assets
7,578
7,544
Deferred costs
831
825
Deferred taxes
8,552
8,610
Goodwill
74,709
67,717
Intangibles, net
14,624
11,391
Investments and sundry assets
2,009
2,112
Total assets
$ 156,229
$ 151,880
LIABILITIES:
Current Liabilities:
Taxes
$ 2,053
$ 2,347
Short-term debt
8,655
6,424
Accounts payable
4,039
4,756
Compensation and benefits
3,941
4,114
Deferred income
17,034
16,101
Operating lease liabilities
798
800
Other liabilities
3,582
4,116
Total current liabilities
40,101
38,658
Long-term debt
57,706
54,836
Retirement-related obligations
8,763
9,018
Deferred income
4,195
4,271
Operating lease liabilities
2,643
2,547
Other liabilities
9,767
9,810
Total liabilities
123,174
119,139
EQUITY:
IBM stockholders’ equity:
Common stock
63,936
63,318
Retained earnings
155,327
155,648
Treasury stock – at cost
(170,874)
(170,605)
Accumulated other comprehensive income/(loss)
(15,415)
(15,713)
Total IBM stockholders’ equity
32,974
32,648
Noncontrolling interests
81
93
Total equity
33,056
32,740
Total liabilities and equity
$ 156,229
$ 151,880
INTERNATIONAL BUSINESS MACHINES CORPORATION
STATEMENT OF CASH FLOWS
(Unaudited)
Three Months Ended
March 31,
($ in millions)
2026
2025 (1)
Cash flows from operating activities:
Net income
$ 1,216
$ 1,055
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation (2)
555
536
Amortization of capitalized software and acquired intangible assets
719
641
Stock-based compensation
506
401
Net (gain)/loss on divestitures, asset sales and other
(11)
(22)
Changes in operating assets and liabilities, net of acquisitions/divestitures
2,185
1,759
Net cash provided by operating activities
5,169
4,370
Cash flows from investing activities:
Payments for property, plant and equipment
(232)
(244)
Proceeds from disposition of property, plant and equipment/other
8
74
Investment in software
(159)
(151)
Purchases of marketable securities and other investments
(1,612)
(6,486)
Proceeds from disposition of marketable securities and other investments
1,971
927
Acquisition of businesses, net of cash acquired
(10,465)
(7,098)
Divestiture of businesses, net of cash transferred
1
(1)
Net cash provided by/(used in) investing activities
(10,489)
(12,979)
Cash flows from financing activities:
Proceeds from new debt
7,437
8,378
Payments to settle debt
(2,928)
(1,257)
Short-term borrowings/(repayments) less than 90 days – net
0
(29)
Common stock repurchases for tax withholdings
(350)
(284)
Proceeds from issuance of shares
178
216
Financing – other
(42)
(32)
Cash dividends paid
(1,576)
(1,549)
Net cash provided by/(used in) financing activities
2,719
5,443
Effect of exchange rate changes on cash, cash equivalents and restricted cash
(177)
167
Net change in cash, cash equivalents and restricted cash
(2,777)
(2,999)
Cash, cash equivalents and restricted cash at the beginning of the period
13,640
14,160
Cash, cash equivalents and restricted cash at the end of the period
$ 10,864
$ 11,161
____________________
(1) Reclassified to align with the Consolidated Statement of Cash Flows presentation.
(2) Includes operating lease right-of-use assets amortization.
INTERNATIONAL BUSINESS MACHINES CORPORATION
GAAP NET INCOME TO ADJUSTED EBITDA RECONCILIATION
(Unaudited)
Three Months Ended
March 31,
($ in billions)
2026
2025
Yr/Yr
Net income as reported (GAAP)
$ 1.2
$ 1.1
$ 0.2
Less: income from discontinued operations, net of tax
0.0
0.0
0.0
Income from continuing operations
1.2
1.1
0.2
Provision for/(benefit from) income taxes from continuing ops.
0.2
0.1
0.1
Pre-tax income from continuing operations (GAAP)
1.4
1.2
0.2
Non-operating adjustments (before tax)
Acquisition-related charges (1)
0.6
0.6
0.1
Non-operating retirement-related costs/(income)
0.1
0.0
0.1
Operating (non-GAAP) pre-tax income from continuing ops.
2.1
1.7
0.4
Net interest expense
0.3
0.3
0.1
Depreciation/amortization of non-acquired intangible assets
0.7
0.7
0.0
Stock-based compensation
0.5
0.4
0.1
Workforce rebalancing charges
0.3
0.3
0.0
Corporate (gains) and charges (2)
0.0
0.0
0.0
Adjusted EBITDA
$ 4.0
$ 3.4
$ 0.6
Revenue
$ 15.9
$ 14.5
9 %
GAAP net income margin
7.6 %
7.3 %
0.4pts
Adjusted EBITDA margin
25.0 %
23.4 %
1.7pts
____________________
(1) Primarily consists of amortization of acquired intangible assets.
(2) Primarily consists of unique corporate actions such as gains on divestitures and asset sales.
INTERNATIONAL BUSINESS MACHINES CORPORATION
SEGMENT DATA
(Unaudited)
Three Months Ended March 31, 2026
($ in millions)
Software
Consulting
Infrastructure
Financing
Revenue
$ 7,052
$ 5,272
$ 3,326
$ 220
Segment profit
$ 2,099
$ 558
$ 524
$ 118
Segment profit margin
29.8
%
10.6
%
15.8
%
53.8
%
Change YTY revenue
11.3
%
4.0
%
15.3
%
14.8
%
Change YTY revenue – constant currency
7.9
%
0.9
%
11.7
%
10.2
%
Three Months Ended March 31, 2025
($ in millions)
Software
Consulting
Infrastructure
Financing
Revenue
$ 6,336
$ 5,068
$ 2,886
$ 191
Segment profit
$ 1,847
$ 558
$ 248
$ 69
Segment profit margin
29.1
%
11.0
%
8.6
%
35.8
%
INTERNATIONAL BUSINESS MACHINES CORPORATION
U.S. GAAP TO OPERATING (Non-GAAP) RESULTS RECONCILIATION
(Unaudited; $ in millions except per share amounts)
Three Months Ended March 31, 2026
Continuing Operations
GAAP
Acquisition-
Related
Adjustments (1)
Retirement-
Related
Adjustments (2)
Tax
Reform
Impacts
Operating
(Non-GAAP)
Gross profit
$ 8,950
$ 237
$ —
$ —
$ 9,187
Gross profit margin
56.2
%
1.5
pts
—
pts
—
pts
57.7
%
SG&A
$ 5,089
$ (408)
$ —
$ —
$ 4,682
Other (income) & expense
(1)
—
(96)
—
(98)
Total expense & other (income)
7,562
(409)
(96)
—
7,057
Pre-tax income from continuing operations
1,387
646
96
—
2,129
Pre-tax income margin from continuing
operations
8.7
%
4.1
pts
0.6
pts
—
pts
13.4
%
Provision for/(benefit from) income taxes (3)
$ 172
$ 137
$ 3
$ (4)
$ 308
Effective tax rate
12.4
%
2.7
pts
(0.4)
pts
(0.2)
pts
14.5
%
Income from continuing operations
$ 1,216
$ 508
$ 94
$ 4
$ 1,821
Income margin from continuing operations
7.6
%
3.2
pts
0.6
pts
0.0
pts
11.4
%
Diluted earnings per share: continuing
operations
$ 1.28
$ 0.53
$ 0.10
$ 0.00
$ 1.91
Three Months Ended March 31, 2025
Continuing Operations
GAAP
Acquisition-
Related
Adjustments (1)
Retirement-
Related
Adjustments (2)
Tax
Reform
Impacts
Operating
(Non-GAAP)
Gross profit
$ 8,031
$ 201
$ —
$ —
$ 8,232
Gross profit margin
55.2
%
1.4
pts
—
pts
—
pts
56.6
%
SG&A
$ 4,886
$ (353)
$ —
$ —
$ 4,533
Other (income) & expense
(165)
—
(23)
—
(187)
Total expense & other (income)
6,873
(357)
(23)
—
6,494
Pre-tax income from continuing operations
1,158
557
23
—
1,738
Pre-tax income margin from continuing
operations
8.0
%
3.8
pts
0.2
pts
—
pts
12.0
%
Provision for/(benefit from) income taxes (3)
$ 103
$ 128
$ (12)
$ 2
$ 221
Effective tax rate
8.9
%
4.5
pts
(0.8)
pts
0.1
pts
12.7
%
Income from continuing operations
$ 1,054
$ 429
$ 35
$ (2)
$ 1,517
Income margin from continuing operations
7.3
%
3.0
pts
0.2
pts
0.0
pts
10.4
%
Diluted earnings per share: continuing
operations
$ 1.12
$ 0.45
$ 0.04
$ 0.00
$ 1.60
____________________
(1) Includes amortization of acquired intangible assets, in-process R&D, transaction costs, applicable retention, restructuring and related expenses,
tax charges related to acquisition integration and pre-closing charges, such as financing costs.
(2) Includes amortization of prior service costs, interest cost, expected return on plan assets, amortized actuarial gains/losses, the impacts of any plan
curtailments/settlements and pension insolvency costs and other costs.
(3) The tax impact on operating (non-GAAP) pre-tax income from continuing operations is calculated under the same accounting principles applied to
the GAAP pre-tax income.
INTERNATIONAL BUSINESS MACHINES CORPORATION
GAAP OPERATING CASH FLOW TO FREE CASH FLOW RECONCILIATION
(Unaudited)
Three Months Ended
March 31,
($ in millions)
2026
2025
Net cash provided by operating activities per GAAP
$ 5,169
$ 4,370
Less: change in IBM Financing receivables
2,565
2,087
Net cash from operating activities excl. IBM Financing receivables
2,604
2,283
Capital expenditures, net
(384)
(321)
Free cash flow
$ 2,220
$ 1,962
INTERNATIONAL BUSINESS MACHINES CORPORATION
GAAP OPERATING CASH FLOW TO ADJUSTED EBITDA RECONCILIATION
(Unaudited)
Three Months Ended
March 31,
($ in billions)
2026
2025
Net cash provided by operating activities
$ 5.2
$ 4.4
Add:
Net interest expense
0.3
0.3
Provision for/(benefit from) income taxes from continuing operations
0.2
0.1
Less change in:
Financing receivables
2.6
2.1
Net (gain)/loss on divestitures, assets sales and other (1)
0.0
0.0
Other assets and liabilities/other, net (1,2)
(0.9)
(0.7)
Adjusted EBITDA
$ 4.0
$ 3.4
Revenue
$ 15.9
$ 14.5
Net cash provided by operating activities margin
32.5 %
30.1 %
Adjusted EBITDA margin
25.0 %
23.4 %
____________________
(1) Reclassified to align with the presentation of similar line items in the Statement of Cash Flows.
(2) Mainly consists of Changes in operating assets and liabilities, net of acquisitions/divestitures in the Statement of Cash Flows chart,
workforce rebalancing charges, non-operating impacts, and corporate (gains) and charges, less the change in Financing receivables.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-releases-first-quarter-results-302750827.html
SOURCE IBM
You may like
Technology
MGI Tech Showcases Expanding Genomics Ecosystem at ESHG 2026 with New IVD Partnering Program and OEM Collaborations
Published
4 hours agoon
June 13, 2026By
GOTHENBURG, Sweden, June 13, 2026 /PRNewswire/ — MGI Tech Co., Ltd. (MGI), a company committed to developing core tools and technologies that drive innovation in life sciences, is showcasing its latest advancements in sequencing, automation and clinical genomics at the European Society of Human Genetics (ESHG) 2026 Conference in Gothenburg, Sweden.
At Booth 352, MGI welcomes researchers, clinicians, laboratory leaders and industry partners to explore its comprehensive portfolio of sequencing and automation solutions while unveiling new initiatives designed to strengthen collaboration across the genomics ecosystem.
Advancing Clinical Genomics Through Partnership
A key highlight of ESHG 2026 is the launch of the MGI NGS Partner Enablement Program, a new initiative designed to connect diagnostic developers, assay providers and laboratory partners seeking to build validated clinical workflows on MGI sequencing platforms.
The program aims to accelerate the development and adoption of regulated next-generation sequencing (NGS) applications by fostering collaborations that simplify workflow implementation, reduce time-to-market and support broader access to precision medicine solutions.
“Clinical genomics is increasingly dependent on strong partnerships across the value chain,” said Fang Chen, General Manager Europe & Africa at MGI. “With the launch of our NGS Partner Enablement Program, we are creating a collaborative framework that brings together assay developers, software providers, automation partners and clinical laboratories to accelerate access to high-quality genomic testing.”
Expanding Automation Capabilities Through OEM Collaborations
At ESHG 2026, MGI is also announcing new Original Equipment Manufacturer (OEM) partnership opportunities on MGI’s DE Bundles (integrated library preparation and sequencing platform), bringing turnkey automation to global partners. The DE Bundle includes the current D4+E25 combination, as well as the new D16 paired with the E25 featuring a new 50M flow cell.
The D16, which will be launched later this year, is a benchtop, mid-to-low throughput library prep system and the upgraded successor to the D4. Retaining the fully enclosed contamination control system, it integrates a single-channel robotic pipetting module to maximize automation. With two sample preparation cartridges each processing 8 samples, the D16 delivers significantly higher throughput. The D16 and E25 systems provide flexible and scalable automation solutions for library construction, sequencing, bioinformatics analysis, streamlining the entire laboratory workflow.
Through this open OEM framework, MGI is enabling customers and solution providers to integrate proven automation technologies into customized workflows tailored to specific clinical and research applications. The OEM program reflects MGI’s commitment to building an open ecosystem that empowers laboratories to increase efficiency, improve standardization and accelerate scientific discovery.
“We are excited to expand the opportunities available to our OEM partners by providing access to the D16 platform, enabling the development of truly walkaway solutions that simplify and automate complex laboratory workflows,” said Wim Vervaeke, OEM Director at Europe & Africa at MGI. “Our innovations, including the PrepALL, E25, and G99, have already sparked new partnerships across the life sciences ecosystem. By combining MGI’s automation expertise with the specialized capabilities of our partners, we are creating integrated solutions that deliver maximum value, efficiency, and convenience for end users.”
Corporate Satellite Symposium Highlights Clinical Genomics, Precision Oncology and Spatial Multi-Omics
As part of ESHG 2026, MGI hosted its Corporate Satellite Symposium, Advancing Diagnostics: From Clinical Implementation to Biomarker Discovery, bringing together leading experts from across Europe to showcase how advanced genomic technologies are being translated into real-world clinical and research impact. The symposium highlighted applications spanning clinical oncology diagnostics, pharmacogenomics, and spatial multi-omics.
Dr. Raquel T. Lima from IPATIMUP (Portugal) presented the clinical value of RNA sequencing for detecting actionable gene fusions in solid tumours, improving diagnostic yield and supporting precision oncology decision-making. Prof. Dr. Andreas Braun from University Hospital Schleswig-Holstein (Germany) shared how spatial biology technologies map the tumour microenvironment in melanoma, revealing tumour heterogeneity, cellular interactions, and mechanisms associated with disease progression and treatment response. Dr. Andrea Conti from BMR Genomics (Italy) explored the opportunities of whole genome sequencing for pharmacogenetic marker evaluation, highlighting how comprehensive genomic approaches can support the implementation of personalised medicine through improved identification of clinically relevant variants.
Together, the presentations demonstrated how genomic and multi-omics technologies are advancing clinical diagnostics, translational oncology research, and precision medicine, while highlighting the growing role of sequencing in delivering actionable insights across healthcare and biomedical research.
Comprehensive Solutions for Genomics and Multi-Omics Research
Visitors to the MGI booth can explore the company’s comprehensive portfolio of sequencing and automation technologies supporting applications across human genetics, oncology, reproductive health, population genomics and multi-omics research.
Highlighting strong market adoption, MGI is showcasing the T7+, its ultra-high-throughput sequencing platform at the conference. Following its official launch for the Europe and Africa region at Analytica 2026 in Munich, the T7+ has gained significant momentum, with 27 units installed worldwide as of the end of 2025. From benchtop to ultra-high-throughput sequencing platforms, as well as advanced laboratory automation solutions, MGI continues to support laboratories seeking high-performance, scalable and cost-effective genomics workflows.
“Our mission extends beyond delivering innovative technologies,” said Dr. Christian Zimmerman, VP Sales Europe & Africa at MGI. “We are focused on building a complete ecosystem that enables our customers to transition seamlessly from research to clinical implementation. The partnerships and initiatives we are launching at ESHG 2026 demonstrate our commitment to making genomic technologies more accessible, integrated and impactful.”
Driving the Future of Precision Medicine in Europe
Europe remains a strategic region for MGI, with growing adoption of genomic technologies across research institutions, healthcare systems and national population initiatives.
Through continued investment in sequencing innovation, automation, clinical partnerships and collaborative ecosystem development, MGI is helping accelerate the transition toward more precise, data-driven healthcare.
As genomics increasingly becomes integrated into routine clinical practice, MGI remains committed to providing the technologies and partnerships necessary to support the next generation of precision medicine.
About MGI
MGI Tech Co., Ltd. (or its subsidiaries, together referred to as MGI) is committed to building core tools and technologies that drive innovation in life science. Our focus lies in research & development, manufacturing, and sales of instruments, reagents, and related products in the field of life science and biotechnology. We provide real-time, multi-omics, and a full spectrum of digital equipment and systems for precision medicine, agriculture, healthcare, and various other industries.
Founded in 2016, MGI has grown into a leader in life science, serving customers across six continents and establishing research, manufacturing, training, and after-sales service facilities globally. As one of the few companies capable of independently developing and mass-producing clinical-grade gene sequencers, MGI empowers global users with scalable sequencing capabilities ranging from Gb to Tb levels. MGI also stands out as one of the only providers of a full-stack product portfolio that spans three core segments: SEQ ALL (short- and long-read sequencing), GLI (Generative Lab Intelligence), and Multi-Omics. With unparalleled expertise, cutting-edge products, and a commitment to global impact, MGI continues to shape the trajectory of life sciences into the future.
To learn more, please visit MGI Tech, LinkedIn, X, Instagram, and YouTube.
View original content:https://www.prnewswire.co.uk/news-releases/mgi-tech-showcases-expanding-genomics-ecosystem-at-eshg-2026-with-new-ivd-partnering-program-and-oem-collaborations-302799622.html
Technology
VEVOR Launches “Beat the Heat at Home” Summer Comfort Lineup for Outdoor Living
Published
7 hours agoon
June 13, 2026By
HOUSTON, June 13, 2026 /PRNewswire/ — As summer temperatures climb, staying cool at home shouldn’t require a sky-high electric bill, a cooler full of gas-station ice, or a contractor booked out until September. A smarter approach is gaining traction among American families: investing in the right tools to make outdoor living genuinely comfortable without the premium price tag. VEVOR — a trusted home improvement brand serving over 30 million home creators worldwide — today launches “Beat the Heat at Home,” a summer comfort lineup featuring shade, ice-making, and airflow solutions that deliver pro-level performance so your backyard truly becomes the place to be this summer.
“Summer comfort is not only about staying cool — it is about making outdoor spaces easier to enjoy,” said Gavin Wu, Brand Director at VEVOR. “With this lineup, VEVOR brings pro-level performance into practical home scenarios, helping Home Creators upgrade their backyards, patios, garages, and hosting spaces at exceptional value.”
Cool Living, Cold Drinks, Total Comfort
For most families, a truly comfortable summer day comes down to three things: a shady spot, a steady supply of ice-cold drinks, and enough airflow to keep the evening from feeling stagnant. Traditional solutions — pergolas, commercial ice machines, wired-in fans — often cost thousands or require contractors.
To bridge this gap, VEVOR’s Annual Big Summer Sale officially introduces the “Beat the Heat” collection. Together, the lineup addresses three common summer comfort needs: shade, ice, and airflow, so every corner of the backyard is covered. By delivering pro-level performance in effortless, budget-friendly setups, VEVOR offers Home Creators the ultimate plug-and-play summer cooling experience, making premium seasonal comfort accessible right out of the box.
Create Shade in Minutes
There’s a specific moment every summer host knows too well: the sun shifts, the one shady corner disappears, and suddenly everyone is squinting, relocating chairs, or retreating indoors altogether. It’s the kind of small frustration that quietly ruins an otherwise perfect afternoon.
VEVOR’s Pop-Up Canopy Gazebo was designed for exactly that moment. Available in 10×10, 11.5×11.5, and 12×12 ft configurations, it turns any open stretch of lawn or driveway into a comfortable, shaded gathering space — and it does so in minutes — designed for tool-free setup from the start. The mesh sidewalls earn their keep once evening arrives: mosquitoes stay out while the breeze still flows through, which means dinner can linger as long as the conversation does.
It’s not a permanent structure, and that’s the point. When the season changes or the party moves, the canopy folds back down just as quickly. For homeowners who want shade on their terms, not on a contractor’s timeline, it offers a flexible alternative to permanent shade structures.
Never Run Out of Ice
Few things signal “this gathering is winding down” faster than reaching into a cooler and finding nothing but lukewarm water and half-melted slush. Bags of store-bought ice solve the problem temporarily, but anyone who has made two mid-party runs to the gas station knows the drill gets old fast.
VEVOR’s Commercial Ice Maker Machine helps home hosts keep up with high-demand summer gatherings. Producing up to 130 lbs of ice every 24 hours and holding 33 lbs in its built-in storage bin, it keeps pace with a full afternoon of refills — lemonade pitchers, cocktail shakers, coolers for the kids’ juice boxes, all of it. The stainless-steel build looks at home in a garage bar or outdoor kitchen, and one-touch self-cleaning means maintenance is measured in button presses, not scrub sessions.
Keep the Air Moving
Anyone who has spent a July evening on a covered porch knows the paradox: the roof blocks the sun, but it also traps every degree of rising heat with nowhere to go. The air sits heavy, the ceiling feels lower than it is, and even a beautiful outdoor space starts to feel like something you’d rather admire from behind a glass door with the AC running inside.
VEVOR’s 18-Inch Wall-Mount Fan was built for exactly these in-between spaces that central air can’t reach and a tabletop fan can’t handle. Three-speed settings push up to 4,150 CFM of airflow across patios, enclosed porches, workshops, and garage gyms. That’s the kind of serious air movement that makes a covered space feel open again. With ETL certification and weather-resistant construction, it is designed for covered or semi-outdoor spaces where moisture and humidity are common.
Mounted on the wall and out of the way, it doesn’t eat into floor space or crowd a table. For households looking to cut back on running central AC in every room all day, a well-placed fan in the spaces where the family actually gathers is often the simplest and most cost-effective first step.
The deals are live — don’t leave them on the table.
Cool your summer now: vevor.com/summer-cooling
Shop VEVOR’s Summer Sale: vevor.com/summer-sale
Visit in person: VEVOR Houston Store: 10951 Farm to Market 1960 Road W, Houston
Summer won’t wait. Neither should your backyard. More deals, more summer-ready upgrades — all waiting for you.
About VEVOR
Pro-Level Performance Without the Pro-Level Price. VEVOR is a home improvement brand built for Home Creators who want to upgrade their spaces with practical, high-performing products at exceptional value. From outdoor living and tools to home improvement equipment and everyday project essentials, VEVOR helps people take on upgrades with confidence, efficiency, and value.
Today, VEVOR operates in over 50 countries, supported by a network of 200+ global warehouses and a catalog of more than 15,000 SKUs spanning tools, outdoor equipment, and home improvement solutions. VEVOR has supported over 30 million Home Creators worldwide, bringing performance, inspiration, and value to their home improvement projects. For more information, visit www.vevor.com. VEVOR products are also available on Amazon.
Media Contact
VEVOR Communications Team
media@vevor.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/vevor-launches-beat-the-heat-at-home-summer-comfort-lineup-for-outdoor-living-302797877.html
SOURCE VEVOR
Technology
YEEDI Delivers Lowest-Ever Pricing on Self-Cleaning Roller Mop Robot Vacuums With Early Prime Day Deals
Published
7 hours agoon
June 13, 2026By
Starting June 13, M14 PLUS and S14 PLUS Drop to $399.99, Bringing Advanced Self-Cleaning Roller Mop Technology Into the Sub-$400 Segment
SAN FRANCISCO, June 13, 2026 /PRNewswire/ — YEEDI, a home cleaning technology brand focused on practical innovation and high-performance smart home solutions, is kicking off Prime Day early by offering its M14 PLUS and S14 PLUS at their lowest prices ever. Starting June 13, both self-cleaning roller mop robot vacuums are available for just $399.99, allowing shoppers to secure Prime Day pricing ahead of the broader promotional event.
The promotion marks a significant milestone for the category, bringing advanced self-cleaning roller mop technology into the sub-$400 segment and making one of the industry’s most sought-after cleaning innovations more accessible than ever before. As part of YEEDI’s “Less Time Cleaning. More Time Playing.” campaign, inspired by a summer of sports, family moments, and everyday adventures, the brand aims to help consumers spend less time on household chores and more time enjoying the moments that matter most. Complete offer details are available at YEEDI.com.
Bringing Premium Roller Mop Technology to More Homes
Roller mop technology has emerged as one of the most significant innovations in robotic floor cleaning, offering continuous scrubbing performance while automatically cleaning the mop during operation. However, robot vacuums equipped with self-cleaning roller systems have traditionally remained concentrated in premium price segments.
By bringing the M14 PLUS and S14 PLUS to $399.99, YEEDI is expanding access to one of the industry’s most advanced floor-cleaning technologies and establishing a new affordability benchmark for self-cleaning roller mop robot vacuums.
YEEDI M14 PLUS Reaches Its Lowest Price Ever
Available for $399.99 (regularly $599.99), the YEEDI M14 PLUS combines the brand’s OZMO Roller mopping technology with ZeroTangle anti-tangle technology to deliver powerful wet and dry cleaning while minimizing maintenance.
The robot is paired with an automated OMNI Station that handles dust collection, hot-water mop washing, and hot-air drying, reducing the need for manual upkeep. Designed for busy households seeking a hands-free cleaning experience, the M14 PLUS now offers premium functionality at an unprecedented value.
YEEDI S14 PLUS Delivers Flagship Cleaning at 67% Off
Available for $399.99 (regularly $1,199.99), the YEEDI S14 PLUS reaches its lowest price in history and represents one of the most compelling values in the premium robot vacuum category.
Winner of the CES 2025 Indoor Cleaning Technology Innovation Gold Award, the S14 PLUS combines YEEDI’s advanced OZMO Roller system and TruEdge 2.0 Adaptive Edge Cleaning technology for enhanced stain removal and edge-to-edge coverage.
Equipped with 18,000 Pa suction power and ZeroTangle 2.0 technology, the S14 PLUS delivers a flagship cleaning experience at a price point rarely seen in the premium robot vacuum market.
More Prime Day Deals Arrive June 23–26
Following the early access promotion, YEEDI will extend Prime Day deals across a broader selection of robot vacuums from June 23 through June 26, giving consumers even more opportunities to upgrade their home cleaning experience.
Featured offers include the YEEDI M16 Infinity at $449.99 (44% off), the YEEDI S20 Infinity at $699.99, the YEEDI S20 Infinity Ultra at $849.99, and the YEEDI S16 PLUS at $449.99. YEEDI will also introduce two new models: the M12 PRO Gen2 at an introductory price of $339.99 and the C14 PRO PLUS at $279.99.
Consumers can visit YEEDI.com to explore full Prime Day deals, and discover how YEEDI’s smart cleaning technology helps them spend less time cleaning and more time enjoying everyday life.
About YEEDI
YEEDI is a home cleaning technology brand dedicated to making advanced robotic vacuum technology practical, reliable, and accessible for everyday households. Guided by its philosophy of Accessible Innovation, YEEDI focuses on delivering powerful, user-friendly cleaning solutions that prioritize real-world usability, low maintenance, and long-term value.
View original content to download multimedia:https://www.prnewswire.com/news-releases/yeedi-delivers-lowest-ever-pricing-on-self-cleaning-roller-mop-robot-vacuums-with-early-prime-day-deals-302798950.html
SOURCE YEEDI Technology
MGI Tech Showcases Expanding Genomics Ecosystem at ESHG 2026 with New IVD Partnering Program and OEM Collaborations
Anthropic’s Mythos AI finds no more ‘serious’ bugs in Zcash: Wilcox
Bitcoin sales are necessary for Strategy’s digital credit business, Saylor says
Send Rakhi to UK swiftly with UK Gifts Portal
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
New Gooseneck Omni Antennas Offer Enhanced Signals in a Durable Package
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology5 days agoNew Dawn Franchising Emerges from Stealth with Multi-Industry E-2 Franchise Platform
-
Technology5 days agoRetireWizard Announces Public Launch of AI-Driven Retirement Income Calculator
-
Technology5 days agoDFRobot Introduces seeMote Cap and seeMote Cube for Apple Vision Pro Developers
-
Technology5 days agoPascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
-
Coin Market5 days agoHumanity Protocol token falls 85% amid $30M private key exploit
-
Coin Market5 days ago
Bitcoin rebound highlights discount but $162M bid liquidity points to downside risk
-
Coin Market4 days agoPrivacy push as StarkWare and Sui move toward compliance-ready confidential transfers
-
Technology4 days agoSmobler Launches Robin AI to Help Hawaiʻi Food Entrepreneurs Move From Recipe to Market Readiness
